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 Replies: 17 / Views: 2,065 |
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Pillar of the Community
United States
4000 Posts |
 Some of you are aware of my EV7070 quest. Now my dilemma: do I crack these out and actually put them in my album? Or leave them like they are and consider the hole filled? My intention is for my EV7070 to go to an heir someday. I have absolutely no intention of reselling (unless it happens to be for an upgrade). But I can't help but wonder, what if? What if the need should arise that I have to sell something? Right now my album looks like this:    
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Pillar of the Community
United States
3173 Posts |
Scoob, if you crack them out, how will your heir know what the error or variety attribution is. Maybe you could find some other type of album to keep them in, but then they would all need to be in slabs.
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Pillar of the Community
 United States
4000 Posts |
Everyone in my family knows that my favorites are varieties and that I'm not the "typical" coin collector.
Plus, there will be a note on the inside album cover to come here for advice before doing anything. So, hopefully you guys will be aware of this album's history and I trust you all to point them in the right direction.
As far as the attributing, I would probably keep the labels close by like Bryan1315 does, along with a current inventory list.
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Bedrock of the Community
United States
20753 Posts |
Quit worrying about tomorrow. This is supposed to be a hobby and for fun, not an investment. IF your that worried about a future value of those coins, how will they be evaluated, where they will end up, you'll be needing Ulcer tablets.
Break them out, keep those little tags, tape them to a piece of those PostEM things and add a blank page to the front of your album. Stick those onto that page.
I suggest those postem things since in the future if you want to move the coins somewhere else, you can easily take those tags with. I also suggest adding a blank piece of paper to the front to add personal information which is also easily changed, moved, etc.
Having a bunch of slabs takes up to much space and if you want to show someone your Album, are you going to say it would have been filled better but then there are those large pieces of plastic that don't fit.
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Pillar of the Community
Canada
1733 Posts |
My problem isn't at all cracking them out of the slabs, I consider that part a must. My problem would be putting red cents in an album where they will quickly become brown. I'd have a real dilemma on my hands there.
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Valued Member
United States
262 Posts |
This can really go either way as everyone will have there own opinion. My Opinion: While this is a hobby, I consider almost all my coins as an investment.I don't plan on reselling, but I always have the "what if" in the back of my mind. This is ment to be enjoyable as JustCarl said. For me, I still enjoy the hobby knowing I have holes in albums but have the coin to fill that hole in a TPG case. The real question is, what makes it enjoyable for you? |
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Bedrock of the Community
United States
10034 Posts |
I personally would leave them in the slabs (although I dislike slabs and the whole concept behind the process/*business* that has arisen and, IMHO, killed much of the fun that the hobby used to have) b/c: 1. 30.00 of your purchase price is b/c it was slabbed (you end up throwing out 90.00 of your money). 2. The people you are leaving these to (hopefully many, many years from now) will have a way to reference the value of what you have left them. 3. The red-to-brown concept that Ugly said. 4. I believe that these holders are most likely the safest way to preserve the current condition of the coin. After having some nicer looking coins for quite a few years, I am finding that preservation is something I am no longer taking lightly (not that I did in the past - but the aspect of certain plastics etc. were not known for long term storage). Another alternative to having a "nice looking" completed album would be to go to ebay and get some of the properly marked replica coins, insert them into the Dansco so the holes are filled, make a note to the side of owning the actual coin, and store the actual coins elsewhere. For about 6.00 you would have a complete looking book AND be able to preserve the expensive ones in their natural state. It also is a good way to make sure if something was stolen, then the thieves do not get your best stuff. I actually considered making a framed display (for the wall) of my Lincolns and, in anticipation of doing this, bought replica key coins to put into it while the keys stored safely away. I also used the replicas to educate myself on what a phony looks like. How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 |
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Pillar of the Community
United States
651 Posts |
Leave them in the slab! By the way, I'm your long lost son, and I like coins too!  |
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Pillar of the Community
United States
3276 Posts |
your heirs should be doing this to you  . I'd love to inherit a coin collection, even if it is a small one. I'm hoping my grandparents collected coins, but probably not. lol. |
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Pillar of the Community
United States
1213 Posts |
I'd leave them in the slabs too.
More so now that Earle gave me the great idea of putting a replica coin in the album.
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Pillar of the Community
United States
2661 Posts |
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Bedrock of the Community
United States
20753 Posts |
Not sure if you've been reading a lot of posts here but I've had coins in Albums for as long as there have been Albums and so far, nothing on them has changed. None have turned from Red to Brown. None of my Silver coins have tarnished, corroded, stained, toned nor anything, ever. Cents put into my Albums look the same as the day I put them there.
For as long as there have been freezer type plastic bags and now Zip Lock, Almost all my Albums go into those.
As to breaking those coins out. Try to remember this is YOUR hobby and let the people in the future worry about values.
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Pillar of the Community
United States
7123 Posts |
Did you buy the coins or the plastic? if you bought the plastic leave them in it, if you bought the coins take them out. use a photo album to store the historical data ,take good pics of the coins in the slab and put the picture and the label together in the album with a short label written to explain the variety.
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Bedrock of the Community
Australia
21786 Posts |
I would leave slabbed coins in their slab, I think that it is a better storage environment, especially for proof and MS coins. As said earlier, you still retain any professional comment that goes with the coin.
From what I can guess, the Dansco album was originally conceived to build date sets from circulation, and later to up grade selected coins optionally.
The higher the grade, the more you may consider how to maintain the condition in it's storage environment.
The best way to store and display circulated coinage is still to use a Dansco Album. What you are looking at here is a set of coins, not individual ones.
The choice is still yours.
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Pillar of the Community
United States
524 Posts |
You started a very interesting and a very valuable set for that album. Those coins were bought specifically for that album. How will you feel every time you open it and see the empty holes? They lasted just fine for over 100 years without a slab. Crack em out Scoob!
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Pillar of the Community
United States
3276 Posts |
Personally though I would open the slabs and album them. But I have OCD and could not live looking at a set that is half albumed and half slabbed. nothing is more fulfilling than looking at an album you have completed with no empty spots. even if it is complete, I wouldn't feel the same if some slabbed coins werent in the album they belong in. just my opinion.
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Replies: 17 / Views: 2,065 |
Posted 07/02/2011 1:50 pm
